Onion prices at 4-yr high, jump Rs 1,000/quintal in single day

The average wholesale onion price at Lasalgaon APMC, the country’s largest wholesale market, went up by a staggering Rs 1,000 per quintal on Thursday alone to touch a four-year high. At the end of the day’s auction, the average wholesale price was Rs 4,500 per quintal. Onion prices have been steadily climbing at Lasalgaon, which sets the tone for sales of the kitchen staple in the country.

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